February 2011 Lake Norman Golf Course Real Estate Market Update

March 10th, 2011 Mike

Lake Norman Golf Course HomesIn February 2011 0 golf course homes sold in the Lake Norman area, a 100% decrease from the 1 golf course home sold in January 2011. February 2011 sales figures decreased 100% from February 2010 when 1 golf course home sold. The average sale price in February 2010 was $640,000.

Currently there are 28 Lake Norman golf course homes listed for sale in the Charlotte MLS. The average home is a 3 bed/3 bath with 3,992 square feet and an average list price of $710,551, down 12% from the January average list price of $806,941. The average days on the market are 180. Currently 4, or 14%, Lake Norman golf course homes are under contract.

Currently there are 22 Lake Norman golf course lots listed for sale in the Charlotte MLS. The average list price is $169,922, down 8% from the January average list price of $185,610. The average days on the market are 416.

Contact us at 866-LakeNorman for the list of golf course lots for sale.